ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

5 Ways to Save Money With a New Baby

Updated on December 2, 2009

A new baby adds a lot of expenses to your household budget, but there are several things you can do to safeguard your family’s financial future. Taking care of your new baby means more than just feeding, bathing, and changing all those diapers. Keep a budget and you'll save money on baby goods from formula to childcare.

A new baby doesn't have to derail your family finance.
A new baby doesn't have to derail your family finance.

It's absolutely possible to handle all new baby expenses while keeping your family finance puzzle intact.

Here's are five easy ways to start:

#1 Stop Worrying

The first thing you need to do is to stop wasting time worrying about money. Worrying about money is common and non-productive. If your finances aren’t what you’d like, spend your energy to change them. Worrying only makes matters worse. Educate yourself, ask for help, and most important – take action!

#2 Downsize

It’s easy to get caught up in all the things we think we have to have in order to raise a family. Do you really need a house big enough for everyone to have their own bedroom and a playroom too? Can you get along without the latest, greatest baby gear and toys? When I had my first baby, I truly believed I needed three different strollers. Obviously, I was delusional. Learn from my mistakes! As for brand name baby goods, if you have to have them make sure you shop consignment sales, second hand boutiques, and online.

#3 Make Your Own Baby Food

It’s easy and inexpensive to make your own baby food. In addition to saving money you maintain control over baby food ingredients. You don’t need a fancy gadget, although the cost of one is probably justified if you’ll actually use it. Making baby food is something you can do on a supplemental basis to help curb the cost of the packaged brands and it doesn’t have to be an all or nothing proposition. I made my own peas and sweet potatoes right on the stove. Just boil and puree, then freeze in ice cube trays.

#4 Buy Smart

Diapers (and formula if you use it) will be among your largest expenses. Despite what the brilliant marketers would have you believe, there’s really not that much difference between the name brands and the generics, or store brands. When it comes to formula, everyone has to meet the same FDA guidelines so don't be afraid to buy the tin with the not-so-pretty label. Invest in a Costco or Sam’s Club membership and buy staples in bulk. If the cost or storage needs make this impractical, go in with another family.

#5 Reduce or Share Childcare

If both parents work, the biggest expense associated with a new baby is probably childcare. Cutting back by a couple of days a week, or even a few hours a day could significantly decrease childcare costs. Consider shifting work hours or working a day or two from home. In home childcare (a nanny) can become more affordable when shared with another family.

Image Credit: Jenn Jenn, Flickr


Submit a Comment
  • Hub Llama profile image

    Hub Llama 

    9 years ago from Denver, CO

    I know SEO makes us do silly things, especially with titles, but I laughed because it sounds like you can use the baby to save money on things :)

  • foodstorage profile image


    10 years ago from Utah

    Great ideas! Also make sure you have good health insurance as all those dr. appointments in the first year can really add up!

  • Triplet Mom profile image

    Triplet Mom 

    10 years ago from West Coast

    Lela, great hub. I wish I had these tips before I had my babies. I did however make my own baby food and its extremely easy to do. I would cook my vegetables and then puree them in a food processor. I would freeze them in ice cube trays. This made them real easy to serve after thawing or putting them in the microwave. I could also give my babies a little bit of everything because the cubes were so small no wasted food. Great ideas thanks!!


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)